Let’s Talk Tokenomics: Shiba Inu, Raboo and Notcoin
The post Let’s Talk Tokenomics: Shiba Inu, Raboo and Notcoin appeared first on Coinpedia Fintech News
Tokenomics is one of the indicators of a successful project, as the token distribution shows the developers’ plans for development and community engagement. Shiba Inu’s token supply has been a major downside to the SHIB price growth, and Notcoin (NOT) might need a token burn soon, given its huge supply.
Raboo ($RABT) has taken notes from current meme coins, and apart from profits and fun, there are many plans that contribute towards longevity too. There is a total supply of 1.8 billion $RABT tokens, and 1,134,000,000 of them are allocated to its current ongoing presale
We also have news on the ongoing RABT presale.
Shiba Inu: Token burns to keep the SHIB price alive
Meme coins launch with typically large token supplies, which is to ensure the token is available to everyone. However, the mass of tokens can end up preventing the price from spiking.
An example is the Shiba Inu project that launched with about 1 quadrillion tokens in 2020. The vast supply has come back to haunt, as the SHIB price readily backs down upon encountering resistance levels. Shiba Inu has also not been able to reach a new ATH since 2021, as selling pressure and the crypto winters affected the platform’s development.
Shiba Inu has made a strategic move by burning tokens in an attempt to boost its price by fostering scarcity. As of June 25th this year, over 410 trillion tokens have been burnt.
Notcoin: Launch, airdrops… burning next?
Notcoin recorded one of the biggest launches in the crypto-verse this year, as users rallied to get a slice of what it has to offer. NOT started its campaign in December 2023, and its earliest investors were rewarded with the highest returns by May when Notcoin hit the charts.
Since the launch, we have seen more Notcoin offerings too, especially the recent airdrops. These events deliver more NOT tokens in circulation, however, the project should be considered profit-taking and selling pressure. Already, Notcoin has experienced the aftereffects of a token dump.
The NOT price fell by 11% last week after its airdrop, indicating profit-taking. Even now, most of the holders are simply waiting for more surges on the NOT charts before swapping their holdings for other altcoins.
It’s a lot of experience on tokenomics from the existing memes and gaming tokens, and, as usual, Raboo has been taking notes.
Raboo: Tokenomics to ensure long-term gains
Unlike the typical meme project, Raboo has kept its token supply under two billion, typically because it intends to see the $RABT token price maintain an upward trend. With a tight grip on its supply and the majority of the tokens with the community, Raboo is safe and secure for the future.
Firstly, 63% of the total 1.8bn supply is dedicated to its presale ensuring the $RABT users have the advantage in decision-making. Still, on distribution to the users, 7.5% of the token supply has been set aside for rewards that’ll boost Raboo users’ wallets, providing they participate in fun-packed games and competitions.
Their contributions come in the form of posting GIFs and pictures for meme creation. As the users post their meme-worthy content, the platform rewards them with $RABT tokens in return.
For marketing and branding, the Raboo developers dedicated 17% of the tokens to contribute towards campaigns across media platforms. Lastly, Raboo’s token burn event (2.5% of the token supply) is in place to keep the $RABT price in check at all times. 1.8 billion tokens is still a lot to circulate, and the deflationary measures ensure that user assets are safe from price manipulation.
Conclusion
While Raboo is concerned with changing the quality of memes in the market, the project’s token distribution depicts clear-cut plans for the future. Plus, the community is at an advantage in decision-making already, as they will hold a large part of the $RABT supply.
And with a 100x pump pending when Raboo gets listed on top-tier exchanges, an investment in $RABT is almost a no-brainer. But you have to hurry–the presale token supply won’t last forever.
Get your Raboo tokens at $0.0048 today, and settle in for dream profits.
You can participate in the Raboo presale here.
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
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